An AAPL a day (earnings IV play)

Greetings,

I’m here to talk about AAPL and it’s recent tear, timing to hit $3T and impending earnings.

History shows us that AAPL is close to the magic share price of $183 and could get there with some Santa magic. Their earnings call will “most likely” be Jan 26 (if past timing is to be believed). $3T market cap + $200 share price being a mental, emotional concept + rising IV for earnings is making me interested in the Jan 28 $200c strikes. Current IV is 31% with a theta of -0.05 and an OI of close to 5K.

Interesting sub $1 imo - I’m still new to this but thought I’d check with others on this one

1 Like